590 Bingham AveOzarkAL36360
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ozark at 590 Bingham Ave, Ozark, AL, 36360 uses $58,676 cash to close to unlock $8,175/yr annual cash flow and $681/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $866/mo payment keeps the spread at $681/mo. Purchase price stands at $177,000, and rental yield measures 11.39% with $1,680/mo rent. Return on cash invested shows 33.84% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 176.92% and total cumulative return in cash records $103,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36360, Ozark, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,502 (58.7%) |
| Renter Occupied HU | 2,856 (30.5%) |
| Vacant Housing Units | 1,015 (10.8%) |
| Median Home Value | $153,842 |
| Average Home Value | $173,503 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
8,513
Multi-Family
407
Businesses
531
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